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Investment Highlights

  • Strong Tenant Lineup | 100% Occupied | NNN Leases
  • Strong Demographics In 5-Mile Trade Area
  • Outparcel To Walmart Supercenter | Across From H-E-B | Retail Corridor | Strong National/Credit Tenant Presence

Executive Summary

• The offering consists of a strong tenant lineup, creating a stabilized, income stream for a new investor
• The property is divided into three suites with Starbucks occupying 2,150 SF, Crumbl occupying 1,236 SF, and Stanton Optical occupying the remaining 2,400 SF
• All tenants operate under leases which are NNN in nature, limiting expense leakage for a future investor

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,786 SF
Building Class
B
Year Built
2018
Price
$3,966,000
Price Per SF
$685.45
Cap Rate
6.25%
NOI
$247,846
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.95 AC
Zoning
Commerical
Parking
50 Spaces (8.64 Spaces per 1,000 SF Leased)

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Crumbl began in 2017 when Jason McGowan and Sawyer Hemsley set out to create a chocolate chip cookie and opened the first bakery in Logan, Utah. The company has grown into a franchise-focused dessert business built around cookies and other sweet items, with a menu that combines core favorites and weekly rotating flavors. Crumbl serves customers through pickup, delivery, carryout, and catering, and the company's lineup includes cookies, cakes, pies, and other desserts in an open-concept bakery format.

  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Starbucks began in 1971 in Seattle's Pike Place Market as a roaster and retailer of whole bean and ground coffee, tea, and spices. The company became a coffeehouse in 1987 and has since expanded into a global business centered on coffee drinks, food, cups, and merchandise. Starbucks now connects with millions of customers every day through a broad retail network and also brings some of its branded coffee products and creamers into grocery channels. The company's business is built around coffee craftsmanship, food and beverage service, and neighborhood-focused store experiences.

  • Station Optical
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000
Station Optical Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Orangetheory Fitness
7 Brew Coffee
Prosperity Bank
Newk's Eatery
Pinnacle Bank
First Convenience Bank
H-e-b Pharmacy
Fitness 1440
Chili's Grill & Bar
LongHorn Steakhouse

Property Taxes

Property Taxes

Parcel Number
08-21925-0001-002-00
Land Assessment
$282,650
Improvements Assessment
$759,350
Total Assessment
$1,042,000
  • Listing ID: 35216110

  • Date on Market: 3/21/2025

  • Last Updated:

  • Address: 5651 Sherwood Way, San Angelo, TX 76904

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